Tuesday 4 August 2015
 
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Gold

Gold heads for longest weekly losing streak in 16 years

Gold slipped to near 5-1/2-year lows on Friday and was on course for a sixth straight weekly fall, its longest retreat since 1999, after upbeat US economic data strengthened expectations for a near-term hike in interest rates. Bul

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Gold falls 1pc as dollar rises on Fed rate prospects

Gold fell more than 1 per cent on Thursday, trading close to a 5-1/2-year low hit last week, as the dollar jumped after the Federal Reserve left the door open for a rate rise in September and ahead of US GDP data. After a two-day

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Oil: Need to scale back production?

There's red ink everywhere this week as commodities crash to levels unseen in 13 years, spooked by fears of a US rate hike and a Chinese economic slowdown. Where could reverse the slide? For some individual commodities the answer is improved

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Alba signs on as ‘gold’ sponsor of Bahrain air show

Aluminium Bahrain (Alba) has signed on as ‘gold’ sponsor of the Bahrain International Airshow (BIAS) 2016, it has emerged. BIAS 2016 is scheduled to be held at the Sakhir Airbase from January 21 to 23 next year under t

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Alba signs on as ‘gold’ sponsor of Bahrain air show

Aluminium Bahrain (Alba) has signed on as ‘gold’ sponsor of the Bahrain International Airshow (BIAS) 2016, it has emerged. BIAS 2016 is scheduled to be held at the Sakhir Airbase from January 21 to 23 next year under t

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DRA wins Ma'aden Gold deal for Ad Duwayhi mine

Engineering group DRA has won a contract with Saudi Arabia's mining group Ma'aden Gold and Base Metals (MGBM) for the Ad Duwayhi gold mine, according to a report. The mining project, located 450km southwest of Riyadh, will

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Gold sags to 5-1/2-year low, heads for worst week since Oct

Gold slid more than one per cent to its lowest since 2010 on Friday (July 24), on course for its biggest weekly loss in nine months, as strong US jobs data helped deepen this week's rout and fuelled fears the metal has some way to fall yet.

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Gold bounces back above $1,100 from 5-year low

Gold bounced back above $1,100 an ounce on Thursday from the previous session's five-year low, as a retreat in the dollar prompted some investors to take advantage of the price drop to buy back into the market. Many remained w

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Gold crawls off five-year low

Gold edged up from a five-year low on Thursday as the dollar weakened, but the modest gains suggest bearish investors are still hovering in the market after an early-week rout led to bullion's deepest loss in nearly two years.

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Gold slides again as investors pull back

Gold fell more than 1 per cent to a five-year low on Wednesday as a bounce in the dollar fuelled downside momentum, with investors continuing to pull away from the metal after its dramatic slide earlier this week. A looming rise i

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